SJRES 9 · A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Commodity Futures Trading Commission relating to "Commission Guidance Regarding the Listing of Voluntary Carbon Credit Derivative Contracts".
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
- Introduced
- Jan 30, 2025
- Latest action
- Jan 30, 2025
- Sponsor
- Sen. John Kennedy [R-LA]
- Policy area
- Finance and Financial Sector
- Cosponsors
- 1
Summary
This joint resolution nullifies the final guidance issued by the Commodity Futures Trading Commission (CFTC) titled Commission Guidance Regarding the Listing of Voluntary Carbon Credit Derivative Contracts and published on October 15, 2024. The guidance provides factors for designated contract markets (i.e., CFTC-regulated derivatives exchanges) to consider when listing voluntary carbon credit derivative contracts, including characteristics of transparency and permanence.
Recent actions
- Jan 30, 2025 Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
- Jan 30, 2025 Introduced in Senate
Votes
No recorded votes are available for this bill.